lien in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
A lien is a legal claim or right against assets that allows a creditor to secure payment or satisfaction of a debt.
Sample Sentences
- The bank placed a lien on the property after the homeowner defaulted on the mortgage.
- She discovered a lien on her car title that she was unaware of before trying to sell it.
- A tax lien can significantly impact your credit score and financial stability.
- In order to secure the loan, the lender required a lien against the borrower's assets.
- The contractor filed a lien against the house to ensure payment for the completed renovations.
- The bank placed a lien on the property until the loan was fully repaid.
- After the contractor completed the work, he filed a lien to ensure he would be paid.
- A lien can complicate the sale of a home if it is not resolved beforehand.
- She was surprised to find out that a tax lien had been placed on her account.
- Understanding the implications of a lien is crucial when buying real estate.